Bill McNeil
Registered User
Here are my options according to Bel-Air direct. My insurance company may be cheaper, but I'm more concerned about which policy to take this year than the actual cost. The variances in cost will give an idea, regardless of the actual amount to be payed per month. These quotes all include the 5% insurance tax, and monthly plan fees.
LIABILITY $500,000
COLLISION $300 ded.
THEFT/DAMAGE $300 ded.
= $271.50 per month
-------------------------------------
Now, same as above but..
NO COLLISION
THEFT/DAMAGE $300 ded
=$209.91 per month
-------------------------------------
Now, same again but..
COLLISION $1000 ded
THEFT DAMAGE $300 ded
=$256.79 per month
-------------------------------------
Now same again, but..
COLLISION $500 ded
THEFT DAMAGE $300 ded
=$265.46 per month
-------------------------------------
Now, the same again, but...
NO COLLISION
NO THEFT/DAMAGE
=$191.50 per month
------------------------------------
Consider the following: I'm just getting the car painted from my old policy from the car being keyed at work. I won't be working there anymore, so hopefully no more keying incidents. Also, I only drive the car from about April-May to September, so harsh road conditions causing collisions (Matteson) won't be AS MUCH of an issue. If I hit a wall at 200km/h, I don't think collision insurance would help that either, but if the value is good, I'm open to considering it. My only fear would be them writing off the car like they tried to with Sean, and making off with the car and all my goodies. Can you imagine? Anyway, I purposely put the liability to 500,000 instead of 1,000,000. I figure if I'm in that deep, it won't matter anyway. Theft/Damage is a must I think, especially for those ugly fender benders, or someone trying to steal parts off my car.
Your opinions are appreciated!!!
LIABILITY $500,000
COLLISION $300 ded.
THEFT/DAMAGE $300 ded.
= $271.50 per month
-------------------------------------
Now, same as above but..
NO COLLISION
THEFT/DAMAGE $300 ded
=$209.91 per month
-------------------------------------
Now, same again but..
COLLISION $1000 ded
THEFT DAMAGE $300 ded
=$256.79 per month
-------------------------------------
Now same again, but..
COLLISION $500 ded
THEFT DAMAGE $300 ded
=$265.46 per month
-------------------------------------
Now, the same again, but...
NO COLLISION
NO THEFT/DAMAGE
=$191.50 per month
------------------------------------
Consider the following: I'm just getting the car painted from my old policy from the car being keyed at work. I won't be working there anymore, so hopefully no more keying incidents. Also, I only drive the car from about April-May to September, so harsh road conditions causing collisions (Matteson) won't be AS MUCH of an issue. If I hit a wall at 200km/h, I don't think collision insurance would help that either, but if the value is good, I'm open to considering it. My only fear would be them writing off the car like they tried to with Sean, and making off with the car and all my goodies. Can you imagine? Anyway, I purposely put the liability to 500,000 instead of 1,000,000. I figure if I'm in that deep, it won't matter anyway. Theft/Damage is a must I think, especially for those ugly fender benders, or someone trying to steal parts off my car.
Your opinions are appreciated!!!